March 9, 2020 / 2:52 AM / a month ago

Foreign investors sold off $283 mln in Malaysia stocks last week - MIDF Research

KUALA LUMPUR, March 9 (Reuters) - Foreign funds reduced their net exposure in Malaysian equities by 1.19 billion ringgit ($283 million) last week, MIDF Research said, citing stock exchange data.

It was the third straight week international funds cut exposure in the market, the research house said in a report on Monday.

MIDF Research also said that Malaysia’s year-to-date foreign net outflow stood at 3.3 billion ringgit.

$1 = 4.2050 ringgit Reporting by Liz Lee; Editing by Christian Schmollinger

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